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packer break even -$164.81
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garvo
Posted 3/30/2020 07:12 (#8150932)
Subject: packer break even -$164.81


western iowa,by Denison
looks like fats might roll back-spot box retails be down maybe $1 to $2
Monday slaughter 121,000 head
$120 spot bid-April starts Wed-April Board is $20 back
Future contracts of 6 months out for packer delivery is down about 20-50,000 head a month-meaning theres a pile of fats that will be on open market
last weeks numbers Forward contract-36,304
Formula-288,587
Negotiated-122,511
negotiated -14,128

Edited by garvo 3/30/2020 07:35
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